Regarding this tax situation, classify each of the following as "Yes" a relevant tax issue or $"$No$"$ not a tax issue.a$.$ What basis do Marco and Avery have in their stock in Cerulean Corporation after their initial transfers for stock?b$.$ Does Avery's transfer qualify under $351$ of the Code as a nontaxable exchange?c$.$ How do the distributions to Marco and to Avery affect Cerulean's E & P$?$d$.$ What is Avery's basis in her stock when she sells it to Harpreet?e$.$ How are Marco and Harpreet taxed on the $$90,000$ distribution to each?f$.$ How much of the distribution is currently deductible by the corporation?g$.$ How is Cerulean Corporation taxed on the property distribution to Marco?